5789 Shady Acres Lane
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 21, 2018 | Sold | ||
| Sold | |||
| May 9, 2018 | Listed | $320,000 | |
| Listed | |||
| | |||
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Great opportunity to put finishing touches on this adorable cabin in the woods located on 2.65 lovely acres plus adjacent 1 acre vacant lot with water meter. Home recently remodeled with new tile flooring throughout. Brand new stainless steel kitchen appliances. Wood stove in living room. Fireplace and built-in cabinets in bedroom. Bathroom has new tiled shower. Loft area with dormer windows. Off the grid with high quality solar system. Many fruit and native trees. Amazing views from front deck! The manager has listed the unit size as 711 square feet.
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| Feb 8, 2018 | Listed by Orchard Realty, Inc. | $320,000 | |
| Listed by Orchard Realty, Inc. | |||
| May 27, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017